Analyst Ratings for Waters Corp. (WAT)

Updated: 2017-07-29

Analysts covering Waters Corp. (NYSE:WAT) have given it a consensus rating of Hold. About 30 days ago, WAT was issued an average rating of Overweight.

17 analysts issued ratings on the stock, where 4 gave WAT a buy rating, 2 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for WAT. The highest price target was 210, implying potential capital gains of 20.61 percent. The lowest price target was 164, which equates to a potential downside of -5.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.29 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.75 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 8 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 11 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WAT to grow at a rate of 12.01 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WAT is 2.19.

WAT has traded between a high of 187.65 and a low of 133.35 over the past year. Today's price is 30.57 percent above the 52-week low, and 7.22 percent below the high. WAT has a P/E ratio of 26.3. Investors typically compare the P/E ratio to a company's peers in the industry. The WAT value stock report compares WAT to some of its peers using value stock charts. The stock has a market capitalization of $13.86 billion. WAT will post this quarters earnings in days, on 0000-00-00.